USD/JPY: Yen trading stronger this morning, stalled US debt talks in focus

Posted on July 25, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened marginally against the JPY, on Friday, and closed at 78.55. In Japan, in the Friday’s economic news, the supermarket sales, on annual basis, rose by 0.1% to ¥1.059 trillion in June, … Continue reading →

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EUR/USD: Euro higher this morning, after Friday’s fall

Posted on July 25, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.39% against the USD, on Friday, and closed at 1.4354, after Friday’s announcement of a rescue package for Greece. Euro came under pressure, over concerns that the measures announced to contain … Continue reading →

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AUD/USD: AUD trading higher after trade price data in Australia

Posted on July 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.57% against the USD to close at 1.0834, on the back of positive sentiment from Europe’s approval of a second Greek bailout. In the US, the Federal Reserve Bank of Philadelphia … Continue reading →

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USD/CAD: Trading higher this morning, Awaits CPI and retail sales in Canada later today

Posted on July 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.23% against the CAD to close at 0.9442. In the US, the initial jobless claims rose to 418,000, for the week ended 16 July 2011, compared to the previous week’s revised … Continue reading →

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USD/CHF: Trading flat this morning in the Asian session

Posted on July 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.70% against the CHF and closed at 0.8173. In the Swiss economic news, the trade surplus narrowed to CHF1.7 billion in June, following a trade surplus of CHF3.3 billion recorded in … Continue reading →

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GBP/USD: Pound rises on strong UK retail sales‎, trading lower this morning

Posted on July 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.97% against the USD and closed at 1.6318, on strong UK retail sales data. In the UK, the retail sales rose by 0.7% (M-o-M) in June following a 1.3% decline in … Continue reading →

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USD/JPY: Yen trading lower this morning

Posted on July 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.34% against the JPY and closed at 78.52. In yesterday’s economic news, the all industry activity index in Japan rose by 2.0% (M-o-M) in May, following a downwardly revised 1.4% increase … Continue reading →

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EUR/USD: EUR rose on Greece bailout plan‎, trading lower this morning

Posted on July 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.00% against the USD and closed at 1.4410, after the European Union leaders agreed to a new $157 billion bailout plan for Greece to curb the debt crisis. The European Union … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on July 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.31% against the USD to close at 1.0773. In the morning economic news, the Reserve Bank of Australia foreign exchange transaction rose to 1280 million in June, from 601 million in … Continue reading →

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USD/CAD: Pair trading higher in the Asian session

Posted on July 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.39% against the CAD to close at 0.9464. Canadian dollar strengthened against its greenback on Wednesday, after the Bank of Canada discussed the prospect of higher rates and as investors became … Continue reading →

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USD/CHF: Trading lower this morning, Swiss trade balance data awaited today

Posted on July 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.12% against the CHF and closed at 0.8231. In the US, for the week ended 15 July 2011, the mortgage application volume, on a seasonally adjusted basis, rose 15.5% from one … Continue reading →

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